Willis Lease Finance Corporation (WLFC) NASDAQ

Currency In USD

AD

Willis Lease Finance Corporation

Address

4700 Lyons Technology Parkway

Coconut Creek, FL 33073

United States of America (the)

Phone

561 349 9989

Sector

Industrials

Industry

Rental & Leasing Services

Employees

475

First IPO Date

September 18, 1996

Key Executives

NameTitlePayYear Born
Austin Chandler WillisChief Executive Officer & Director4.57M1981
Scott FlahertyExecutive Vice President & Chief Financial Officer2.1M1966
Brian Richard HoleGlobal Head of Managed Funds & Credit and President2.69M1978
Charles F. WillisFounder & Executive Chairman7.1M1949
Marc PierpointSenior Vice President and Head of Trading & Investments0N/A
Hagen DischSenior Vice President of Operations0N/A
Zechariah Clifton DameronSenior Vice President, General Counsel & Corporate Secretary01972
Lynn A. McMillanSenior VP & Head of Global Human Resources0N/A
Amy RuddockSenior Vice President of Sustainable Aviation & Corporate Development0N/A
Garry A. FaillerSenior Vice President & Chief Technical Officer0N/A
AD

Description

Willis Lease Finance Corporation (WLFC) is an international enterprise specializing in the leasing and maintenance of commercial aircraft and their engines. The company operates through two distinct divisions: Leasing and Related Services, and Spare Parts Sales. The Leasing and Related Services segment is dedicated to acquiring, leasing, and facilitating the purchase and resale of commercial aircraft, engines, and associated equipment, alongside other related ventures. In parallel, the Spare Parts Sales segment concentrates on sourcing and distributing pre-owned engine components, complete engines, modular engine units, and various portable aviation parts. Beyond its core leasing and sales activities, WLFC also provides expert engine management and consultancy services. Its clientele primarily consists of commercial airline operators and organizations involved in aircraft maintenance, repair, and overhaul (MRO). As of December 31, 2021, WLFC's owned lease portfolio comprised 304 engines, 12 aircraft, one marine vessel, and other leased components. At that time, it served 76 lessees across 40 countries. Furthermore, the company was responsible for managing a substantial portfolio of 475 engines, aircraft, and related assets for third parties. Established in 1985, Willis Lease Finance Corporation maintains its principal office in Coconut Creek, Florida.

AD